Finisar Shares Respond to Raymond James Upgrade
January 03, 2014 at 10:17 AM EST
Shares of Finisar (NASDAQ: FNSR ) respond to Raymond James analyst Simon Leopold's upgrade from Outperform to Strong Buy and reiterated a $29.00 price target. Leopold reported that Finisar's datacom segment is benefiting from strong tailwinds including copper to optical migration, increasing contributions from Web 2.0, healthy datacenter capex.
